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Renting, consigning represent new normal for luxury purchases

Posted By Danny Parisi On In Apparel and accessories,Events/Causes,Featured,Industry sectors,News | No Comments
The luxury resale industry has gotten very popular in the last few years. Image credit: The RealReal

 

By Danny Parisi

NEW YORK - With the rise of luxury resale, renting luxury items and other new types of business models, the definition of luxury is getting murkier than ever before.